ShangHai Baoye Group confirmed that Alliance Steel (M) SDN BHD, a China invested steel project in Malaysia, has ignited its NO.2 blast furnace. The size of No.2 furnace was 1,080 cubic meters.

Alliance Steel has started bulk production, and they were making positive contributions for achieving economy development of China and Malaysia and obtaining over thousand employment in local.

This project was an important milestone of oversea implements for Chinese Belt and Road Initiative.